The Statoil group achieved a net profit of NOK 11.3 billion in 2000. This represents an improvement of NOK 6.6 billion from the year before.
Profit before financial items came to NOK 41.4 billion, up by almost 240 per cent from 1999.
Operating revenue rose by 50 per cent to NOK 208.2 billion, while return on capital employed improved from 5.9 per cent in 1999 to 15.1 per cent.
The board is satisfied with these results, which are the best the group has achieved.